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1 – 10 of over 4000Linda C. Angell and Lawrence M. Corbett
The purpose of this paper is to study the progression of business excellence (BX) in 13 repeat applicants for the New Zealand Business Excellence award over the period 1993‐2007.
Abstract
Purpose
The purpose of this paper is to study the progression of business excellence (BX) in 13 repeat applicants for the New Zealand Business Excellence award over the period 1993‐2007.
Design/methodology/approach
A multiple case approach analyses quantitative scoring data along with qualitative interview and secondary data.
Findings
Formal, external assessments play a critical role in promoting continuous improvement toward BX. However, effective responses to feedback differ for enabler processes vs results. Achieving improved results requires a fundamental review of measurement approaches, as well as better alignment of performance measures to overall activities. Successful paths to continuous improvement vary depending on the starting point for this journey. Organisations starting with a relatively strong position can use external feedback to target improvement efforts for maximum benefit. Organisations starting at a more basic level of performance need to generalise improvement efforts across their full range of business activities. The research also identified the existence of hurdles along the road to BX.
Research limitations/implications
The New Zealand Business Excellence Foundation, which administers the award scheme in New Zealand (NZ) had adopted the US Baldrige criteria as a whole, and no work has yet been done to validate the criteria for NZ conditions. This paper uses changes in scores between applications as a measure of progress to BX, so there is the possibility of applicants “gaming” the system (e.g. one research participant admitted they gained a large one‐off scoring improvement largely on the basis of writing a better application). Future research could extend this work by: studying the performance over time of a control group using Baldrige‐type criteria for internal assessment only; comparing one‐time applicants with repeat applicants; and studying the extent to which Baldrige criteria are appropriate within other national contexts such as NZ.
Practical implications
This research provides insight and advice into what works and what does not in implementing the Baldrige BX criteria.
Originality/value
This paper analyses a unique data source and contributes to the literature on drivers and barriers to continuous improvement, a key literature within operations management.
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CSF Buxmont Academy operates eight school/day treatment programs that use restorative practices, which includes a culture in which restorative characterizes staff…
Abstract
CSF Buxmont Academy operates eight school/day treatment programs that use restorative practices, which includes a culture in which restorative characterizes staff interaction with students, and staff-to-staff and student-to-student relationships as well. This chapter presents analyses of the outcome experiences from two waves of discharge cohorts: 919 students during school years 1999–2000 and 2000–2001 and 858 during 2001–2002 and 2002–2003. Outcome measures include program completion rates, changes in self-esteem and anti-social attitudes, and the relationship between the length of program participation and post-release recidivism rates after controlling for individual risk factors. Recidivism rates were significantly related to length of program participation.
Garrison Hongyu Song and Ajeet Jain
This paper aims to explore the allocation of the exit value of a start-up company in market equilibrium between an angel investor and an entrepreneur in the very…
Abstract
Purpose
This paper aims to explore the allocation of the exit value of a start-up company in market equilibrium between an angel investor and an entrepreneur in the very early-stage financing market.
Design/methodology/approach
The theoretical model is established based on the two-sided random search theory and the model’s ability to match the empirical data is evaluated via simulation.
Findings
The model indicates that the allocation of the final investment outcome is not proportional to the initial investments by the angel investor and the entrepreneur. The simulation results show that the continued investment by the entrepreneur and the private benefit acquired by the angel investor have a more profoundly negative influence on the angel investor’s share of the exit value of the start-up company. Moreover, the market search structure represented by the matching probability of an angel investor to an entrepreneur has a more significant impact on the angel investor’s share than the other model parameters.
Originality/value
The importance of market search friction in the very early-stage financing market is emphasized. The concepts of continued investments and private benefits are introduced and quantified for the first time under the framework of angel investment. The impacts of such model parameters as the matching probability of an angel investor to an entrepreneur, the success rate of a start-up company, the bargaining power of an angel investor and the discount rate on the allocation of the exit value of the start-up company are investigated as well.
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Mohsen Karimi, Mohammad Pichan, Adib Abrishamifar and Mehdi Fazeli
This paper aims to propose a novel integrated control method (ICM) for high-power-density non-inverting interleaved buck-boost DC-DC converter. To achieve high power…
Abstract
Purpose
This paper aims to propose a novel integrated control method (ICM) for high-power-density non-inverting interleaved buck-boost DC-DC converter. To achieve high power conversion by conventional single phase DC-DC converter, inductor value must be increased. This converter is not suitable for industrial and high-power applications as large inductor value will increase the inductor current ripple. Thus, two-phase non-inverting interleaved buck-boost DC-DC converter is proposed.
Design/methodology/approach
The proposed ICM approach is based on the theory of integrated dynamic modeling of continuous conduction mode (CCM), discontinuous conduction mode and synchronizing parallel operation mode. In addition, it involves the output voltage controller with inner current loop (inductor current controller) to make a fair balancing between two stages. To ensure fast transient performance, proposed digital ICM is implemented based on a TMS320F28335 digital signal microprocessor.
Findings
The results verify the effectiveness of the proposed ICM algorithm to achieve high voltage regulating (under 0.01 per cent), very low inductor current ripple (for boost is 1.96 per cent, for buck is 1.1) and fair input current balance between two stages (unbalancing current less than 0.5A).
Originality/value
The proposed new ICM design procedure is developed satisfactorily to ensure fast transient response even under high load variation and the solving R right-half-plane HP zeros of the CCM. In addition, the proposed method can equally divide the input current of stages and stable different parallel operation modes with large input voltage variations.
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The identification, access, and acquisition of financial resources are critical to the growth of any entrepreneurial venture. To perform better, growth-oriented women…
Abstract
The identification, access, and acquisition of financial resources are critical to the growth of any entrepreneurial venture. To perform better, growth-oriented women entrepreneurs need financial resources. Unfortunately, obtaining financial resources is a greater obstacle for women entrepreneurs than for men entrepreneurs. This chapter considers three different options for growth financing: crowdfunding, angel financing, and venture capital. Suggested strategies for women entrepreneurs seeking to raise money are also offered.
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Gianni Romaní, Miguel Atienza, Felipe Campos, Pablo Bahamondes and Rodrigo Hernández
The purpose of this paper is to identify and analyse the characteristics of high net worth individuals (HNWI) as potential angel investor in Antofagasta, the main mining…
Abstract
Purpose
The purpose of this paper is to identify and analyse the characteristics of high net worth individuals (HNWI) as potential angel investor in Antofagasta, the main mining resource periphery in Chile.
Design/methodology/approach
Using the resource periphery approach and angel investing, the authors apply a survey to a sample of 37 HNWI in this region. The data collected were analysed using descriptive statistics.
Findings
Descriptive results show that the characteristics of these individuals do not significantly differ from those exhibited by angel investors in developed countries and that HNWI show a relative high willingness to become angels and to form a network.
Research limitations/implications
This paper has some limitations regarding the size and scope of the sample. It is a relatively short sample that does not allow to make more sophisticated analysis and it is only regional and, therefore, it is not possible to make a comparison at a national level.
Practical implications
From the perspective the design of policies and programmes oriented towards the promotion of a high potential start-ups in resources peripheries, it is essential to know what the characteristics of HNWI are and their propensity to become angel investors.
Originality/value
Research on angel investment has been traditionally based on the experience of core regions in developed countries. This type of funding source, however, can play a significant role in the promotion of development and diversification in resource peripheries due to the limited access that these areas have to traditional capital funds and the orientation of angel investment towards innovative ventures, but studies from this perspective are very scarce. In this sense, this paper is pioneer in this topic in peripheral regions.
Propósito
El objetivo de este artículo es identificar y analizar las características de las personas con alto patrimonio neto como potenciales inversionistas ángeles en Antofagasta, la principal fuente de recursos minerales en la periferia de Chile.
Diseño/metodología/enfoque
A través del enfoque de las periferias de los recursos naturales y la inversión ángel, se aplicó una encuesta a una muestra de 37 personas con alto patrimonio neto en esta región. La información recogida fue analizada usando estadística descriptiva.
Hallazgos
Los resultados muestran que las características de estas personas no difieren significativamente de los inversionistas ángeles en países desarrollados y muestran un fuerte deseo de ser inversionistas ángeles y formar una red.
Limitaciones/implicaciones
Este artículo presenta algunas limitaciones en relación al tamaño y el alcance de la muestra. Es una muestra relativamente pequeña y no permite realizar análisis más sofisticados y es solo a nivel regional y, por lo tanto, no es posible comparar a nivel nacional.
Implicaciones prácticas
Desde la perspectiva del diseño de políticas públicas y programas orientadas a la promoción de empresas de alto potencial de crecimiento en las periferias de recursos naturales, es esencial conocer las características de las personas con alto patrimonio neto y su propensión a convertirse en inversionistas ángeles.
Originalidad/valor
La investigación sobre inversión ángel ha estado tradicionalmente enfocada en la experiencia de las regiones centrales de los países desarrollados. Sin embargo, esta alternativa de financiamiento puede jugar un rol preponderante en la promoción del desarrollo y la diversificación en las periferias de recursos naturales debido al limitado acceso a fuentes de capital tradicionales y la orientación de la inversión ángel hacia emprendimientos innovadores en estas regiones. Los estudios desde esta perspectiva son muy escasos. En este sentido, este artículo es pionero en la investigación de la inversión ángel en las regiones periféricas de recursos naturales.
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In the House of Lords on the 13th November last the Earl of MEATH asked whether it was a fact, as stated in the public Press, that the leaflet of the Board of Agriculture…
Abstract
In the House of Lords on the 13th November last the Earl of MEATH asked whether it was a fact, as stated in the public Press, that the leaflet of the Board of Agriculture recommending the use of glucose, salicylic acid, and a coal‐tar product known as saccharin, or saxin, as sugar substitutes in jam had been condemned by the Kensington Public Health Committee on the ground of possible danger to health, and whether the Public Analyst told the Committee that glucose was liable to contamination with arsenic, that salicylic acid was a dangerous drug, which should only be administered under medical direction, and that the use of saccharin, except under medical supervision, had been recently prohibited in America, and was entirely prohibited in France in certain commodities, including preserves; and if the facts were as stated, what steps the Government proposed to take to warn the public against the use of these drugs in the preservation of food. The Duke of MARLBOROUGH, the Parliamentary Secretary to the Board of Agriculture, is reported to have replied that the opinion of expert chemists had been taken on the matters raised in the question. They had reported “that glucose had long been used in the manufacture of jam and for other food purposes, that its value as a food was well recognised, that its manufacture in this country was in the hands of a few firms, and that samples were systematically tested for arsenic at Government Laboratories.” Continuing, his Grace observed that “samples of foreign glucose were also taken for examination on importation. In no case did the arsenic exceed one‐hundredth of a grain per pound of glucose, the point below which the Royal Commission on Arsenical Poisoning had reported that no action should be taken under the Sale of Food and Drugs Acts. Manufacturers exercised great care to secure freedom from arsenic. Further, the Board of Agriculture had suggested that, as glucose was sold for human food, it came within the Sale of Food and Drugs Acts, and was subject to public analytical examination. The public was therefore doubly safeguarded. The leaflet did not refer to the use of salicylic acid in jam making, but to its use for sterilising the paper covers on the pots. The Committee of the Local Government Board which was appointed in 1899 to inquire into the use of preservatives in food had placed a limit of one grain of the acid per pound in the case of solids and of one grain per pint in the case of liquids. The amount used for the paper covers of jam pots was not nearly one grain per pound of jam. The use of coal tar for sweetening was not advocated, and was not referred to in the leaflet. It had, however, been suggested that saccharin or saxin could be used in place of cane sugar where cane sugar was not obtainable. Saccharin underwent no change in and was not absorbed by the body. The Department had no precise knowledge of the reasons which had led to the alleged prohibition of the use of saccharin in America and France. It would appear, however, that the prohibition if it existed, was due to fiscal reasons.” After the delivery of this statement the Earl of MEATH is reported to have said it would relieve a great many minds to hear that in the opinion of eminent chemists there was no danger in using the substances in question. He hoped the public would no longer be afraid to use them.
Six Sigma is a well-established powerful business strategy for achieving operational excellence (OPEX). However, previous studies have suggested that the Six Sigma may…
Abstract
Purpose
Six Sigma is a well-established powerful business strategy for achieving operational excellence (OPEX). However, previous studies have suggested that the Six Sigma may negatively impact organizational creativity and innovation. The C-K theory is one of the most widely used technique for design reasoning which promotes the creativity and innovation. The purpose of this paper is to integrate the Six Sigma methodology and C-K theory for enhancing innovative capacity of Six Sigma for achieving OPEX.
Design/methodology/approach
The paper proposes an integration methodology of C-K theory and Six Sigma using the extant literature. Also, a case study is conducted based on the proposed integration model.
Findings
The paper suggests a step-by-step integration methodology for integrating Six Sigma with C-K theory for both (DMAIC and DMADV). The methodology when applied to a live case in mining logistics the results are very encouraging. The solution was cost effective and also technically superior compared to previous solutions.
Practical implications
The paper proposes a step-by-step methodology for the integration of Six Sigma with C-K tools. The methodology is practically applied in a live case. Organizations can use findings from this paper to implement an integration model of Six Sigma with C-K theory.
Originality/value
This is the first paper that proposes an integration methodology of Six Sigma with C-K theory to enhance the innovation capability to achieve the OPEX.
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